The Fed has some of the best in house resources to monitor the housing market and many more resources that offer consultation and other input to the Fed from academia and the business sector.The President of the NY Fed also serves as a continuous sitting member of the FOMC.The Fed set interest rates and more than one observer felt that the Fed kept rates too low for too long and contributed to the real estate market overheating.Real estate investor merely responded to the opportunities that they found in their local markets.* * *And Jon Corley, his name and title are President Bush.

Question is, how do you know if they are "present" if you are not monitoring 24/7?

I too will continue to monitor my credit through credit karma, and find ways to improve my score.If you don't mind me asking, how do you go about analyzing deals?

We saw this happening in several markets in 2010 and 2011.The market cycle monitor report is just one source of market information.

But some will feel they are doing GPs a favor. 

My understanding is that there isn't a specific law around the # of GPs in a syndication.

And while I certainly worked hard, I wouldn't have traded my cushy office, my big computer monitor, my nice lunch meetings, etc, for the work that a lot of Americans do for a fraction of what I was getting paid.Many Americans work twice as hard as I ever did and make a lot less money.

Then the money that goes to people who transport them can instead go into visa fees, verifying backgrounds, monitoring, etc.

They do not do this and the check and balance is their own internal monitoring so no penalty will be charged to them.

Pre Qual Process: the client must set up accounts with MyFico.com and TrueCredit.com, promo codes are available to receive 25% off the registration, which is less than $40 for both accounts.Monthly Credit Monitoring also available, good idea if you want to keep an eye on your scores and reports, but not required.To answer your questions1) There are no Upfront fee's2) MyFico and TrueCredit give us the clients reports for all 3 credit bureaus, Myfico uses Transunion and Equifax, While TrueCredit uses Experian3) Login ID and password are required that we can review the full FICO reports and do a thorough evaluation of the clients credit worthiness4) Once we complete the pre qualification process, the client no longer needs the Myfico and True credit accounts, although credit monitoring is helpful!